In the past 24 hours, the memecoin market continues to witness strong fluctuations with Dogecoin (DOGE), Pepe (PEPE), and Floki (FLOKI) being the three focal names. Below is a comprehensive summary of prices, technical fluctuations, notable events, and short-term trading strategies for both the Spot and Futures markets.
1. Dogecoin (DOGE)
• Current price: $0.1734
• 24h volatility: +1.9%
• Market capitalization: $25.87 billion
• 24h trading volume: $873.13 million
Prominent technical signals:
• Strong increase from the support zone of $0.166, creating a local peak at $0.175.
• RSI (1h timeframe) exceeds 65, approaching overbought territory.
• MACD is crossing above the signal line, confirming bullish momentum.
• Volume spiked during the European session, likely due to whale money inflow.
Notable events:
• Whale DOGE trading increased by 41% in the last 24 hours, indicating strong participation from large money inflows.
• Selling pressure has started to appear at the resistance zone of $0.175, creating risks for overly delayed Long positions.
Trading strategy:
• Spot: Buy around $0.17, take profit in the $0.178–$0.185 zone.
• Futures:
• Open Long if breakout above $0.175 with volume confirmation.
• TP: $0.185 – $0.19 | SL: $0.168
• Open Short if price is rejected at $0.175 and RSI turns down.
• TP: $0.165 – $0.16 | SL: $0.178
2. PEPE
• Current price: $0.00000811
• 24h volatility: -2.09%
• Market capitalization: $3.29 billion
• 24h trading volume: $358.42 million
Prominent technical signals:
• Forming a bullish triangle pattern with strong resistance at $0.0000083.
• RSI (1h timeframe) around 74 – short-term overbought.
• MACD remains in a positive trend, no negative divergence has appeared.
• Volume has seen a significant explosion, signaling a potential breakout in the coming sessions.
Notable events:
• Trading volume suddenly increased sharply, suggesting that speculative money is returning.
• Many technical analyses target a medium-term goal of $0.000015 if breakout succeeds.
Trading strategy:
• Spot: Buy around $0.0000078–$0.0000080, take profit at $0.000009–$0.0000095.
• Futures:
• Open Long when exceeding $0.0000083 with high volume.
• TP: $0.0000098 – $0.000011 | SL: $0.0000078
• Open Short if facing strong rejection at the $0.0000083 zone.
• TP: $0.0000072 – $0.0000068 | SL: $0.0000085
3. FLOKI
• Current price: $0.00007741
• 24h volatility: 0.00%
• Market capitalization: $742.19 million
• 24h trading volume: $79.56 million
Prominent technical signals:
• Price is accumulating sideways, fluctuating around $0.000076 – $0.000078.
• Neutral RSI (4h and 1D timeframe), no signs of overbought or oversold.
• MACD is starting to show a bullish crossover in the 4h timeframe.
Notable events:
• FLOKI has just recorded a spike increase of 12% last week, raising hopes for a medium-term recovery.
• The FLOKI community is actively back with staking campaigns and developing the FlokiFi ecosystem.
Trading strategy:
• Spot: Buy when price stays above $0.000075, target $0.000082 – $0.000088.
• Futures:
• Long breakout above $0.000078.
• TP: $0.000085 – $0.000088 | SL: $0.000074
• Low-risk Short if price does not exceed $0.000078 after 3 accumulation sessions.
• TP: $0.000072 | SL: $0.000079
Summary
Memecoins are making a strong comeback, with speculative money clearly rotating between DOGE, PEPE, and FLOKI. The trading explosion of whales and the strong increase in volume indicate that the market is in a sensitive phase, suitable for short trading strategies, entering quickly – exiting neatly. Risk management at this moment is extremely important.
Risk warning: This article is market analysis, not investment advice. Please trade with reasonable leverage and control personal risk.
If you find this article helpful, don't forget to follow for more technical analysis and market insights delivered smoothly and accurately every day.